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28 Mar
17:10

Carbon taxes ‘irreversible’, Meranti eyes green expansion: conference

The EU’s Carbon Border Adjustment Mechanism (CBAM) is “irreversible” and countries like the US, Canada, India, Australia and Japan are going in the same direction, said participants at Kallanish Asia Steel Markets 2024 in Ho Chi Minh on Thursday. Singapore-headquartered Meranti Steel plans to commission a green steelworks in Thailand in 2027 using hot-briquetted iron feedstock shipped from Australia. This will address decarbonisation and still gr…
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